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JP Morgan chief James Dimon told employees on Friday morning he has no evidence of cancer after a round of tests just three months after finishing scheduled treatment for throat cancer, according to a company memo viewed by The Wall Street Journal.

The announcement by JP Morgan Chase chairman and chief executive James Dimon that he will undergo eight weeks of treatment for throat cancer puts the spotlight onto the issue of succession at the largest US bank by assets.

James Dimon, chairman and chief executive of JP Morgan on Tuesday told employees and shareholders he has been diagnosed with throat cancer, that the prognosis is excellent and that he will continue to be actively involved in the company during his treatment.